It’s a core feature in editor “Vim key bindings” when enabled causes the issue shown above. With it off, it works without issue ( although it still does the selection weirdness you see above ).
This is definitely a bug, I turned off EVERYTHING and just kept that ON/OFF.
This seems to still sort of exist, so now clicking actually opens and if you are in preview it opens nicely with no issues.
However if you are in EDIT mode and you CMD+SHIFT+CLICK it does open the note in a new pane BUT the original note will have text highlighted up until that link, seems minor but would be nice that it does not do any highlighting as it adds an extra step to un select. Minor.